Key US FinTech investment stats in Q2 2025:
- US FinTech deal activity grew by 19% YoY in Q2
- Californian companies dominated the US FinTech marketplace with 30% of all deals in the second quarter of the year
- Cyera, a FinTech specialising in AI-driven data security, closed one of the biggest US FinTech deals of the quarter with a $540m Series E funding round
US FinTech deal activity grew by 19% YoY in Q2
In Q2 2025, the US FinTech sector saw a strong resurgence in funding alongside a modest rise in deal activity.
Total funding reached $14.9bn across 546 deals, reflecting a 60% increase in capital raised compared to the $9.3bn secured in Q2 2024, and a 56% increase from the $9.6bn raised in Q1 2025.
Deal volume also grew, with the 546 deals representing a 9% rise from the 503 deals recorded in Q2 2024 and a 19% increase from the 458 deals completed in Q1 2025.
This upward trend suggests renewed investor confidence in the FinTech space, with both deal flow and capital deployment gaining momentum after a more cautious period.
Californian companies dominated the US FinTech marketplace with 30% of all deals in the second quarter of the year
California remained the leading FinTech hub in Q2 2025, recording 163 deals and accounting for 30% of total US activity.
This marks a 5% increase from the 155 deals in Q2 2024.
New York followed with 105 deals (19% share), up 13% from the 93 deals recorded during the same period last year.
Florida emerged as the third most active state with 40 deals (7% share), overtaking Texas, which had completed 23 deals (5% share) in Q2 2024.
The sustained dominance of California and New York, coupled with Florida’s growing share, indicates that while traditional hubs remain strong, newer markets are beginning to carve out a larger role in the evolving FinTech ecosystem.
Cyera, a FinTech specialising in AI-driven data security, closed one of the biggest US FinTech deals of the quarter with a $540m Series E funding round
The funding round was led by Georgian, Greenoaks, and Lightspeed Venture Partners.
Focused on enabling enterprises to securely adopt generative AI and large language models, Cyera’s platform allows organisations to locate, classify, and protect sensitive data across their ecosystems.
The company’s total funding now exceeds $1.3bn, doubling its valuation to $6bn less than four years after launch.
The fresh capital will be used to enhance Cyera’s product suite, drive strategic acquisitions, and expand its global presence amid rising demand for secure AI deployment.
With a 4.5x YoY increase in its Fortune 500 customer base, a recent acquisition of Trail Security to launch Omni DLP, and operations now spanning 10 countries with nearly 800 employees, Cyera is positioning itself at the forefront of responsible, enterprise-grade AI adoption.
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